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Which of the following expressions is correct for the present value at 1 Jan...

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Which of the following expressions is correct for the present value at 1 January 2026 of the revenues from 2027 to 2035?

PV27_35 = (a/(r-g)) * (1 - ((1+g)/(1+r))^n)

0%

PV27_35 = (a/r) * (1 - 1/(1+r)^n)

0%

PV27_35 = (a - a*((1+g)/(1+r))^n)/(r-g) * 1/(1+r)

100%

PV27_35 = (a - a*((1+g)/(1+r))^n)/(r-g)

0%

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